Share Talk Ltd

Neo Energy Metals Plc celebrates its commencement of trading on the Main Market of the London Stock Exchange. Neo Energy Metals Plc, the near-term, low-cost uranium developer, is thrilled to open the London Stock Exchange market today.  The company is celebrating the re-admission of its enlarged share capital following the completion of a Reverse Take-Over (‘RTO’) and having raised £4.9 million. By re-admitting its enlarged share capital to the Market today, Neo Energy signals its ongoing commitment to development and increased access to funding as it looks to become an important supplier to the fast-growing uranium sector. Neo Energy’s initial focus is on Henkries, an advanced, low-cost uranium project in the Northern Cape Province of South Africa with a clear pathway to near-term production. This exciting project has a current estimated mineral resource of 4.7 million pounds of uranium but is wide open for potential new uranium discoveries given less than 10% of prospective ground has been fully tested.